Scrap Metal News
Recycling industry news and updates from global markets
April 18,2025 06:00 AM
Kyiv said on Friday it aims to complete talks by the end of next week about a deal with Washington on jointly exploiting Ukrainian mineral resources, an agreement Ukrainian officials hope will go some…
April 17,2025 06:00 AM
Gold prices fell more than 1% on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and escalating U.S.-China trade tensions…
April 16,2025 07:00 AM
China's crude steel output in March climbed 4.6% from the prior year to the highest level in 10 months, driven by robust exports and favourable margins.
April 15,2025 04:00 AM
For the first time since the beginning of the year, the US steel company Nucor has announced a reduction in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the current week dropped by…
April 14,2025 05:00 AM
Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for the U.S. and China following the Trump administration's…
April 11,2025 06:00 AM
American steelmaker Cleveland-Cliffs has announced the opening of its May order book for hot rolled steel (HRC), setting its price at $975/tonne. The new price level is effective immediately, but the…
April 10,2025 08:00 AM
All global and Indian steel and raw material prices showed a y-o-y slide in the Indian financial year 2024-25 (FY'25) , reveals BigMint data. The highest decrease of 17% was seen in imported iron ore…
April 08,2025 07:00 AM
The Prime Minister of Canada, Mark Carney, announced Thursday 25% tariffs on fully assembled vehicles imported from the US that are not compliant with the Canada-United States-Mexico Agreement (CUSMA),…
April 07,2025 07:00 AM
HMS 1/2 scrap quotations (80:20) in the US fell by $2/t by April 4 compared to March 21, to $353/t FOB East Coast. In general, product rose in price by $16/t in March. Therefore, some metallurgical plants…
April 04,2025 06:00 AM
U.S. President Donald Trump's tariff blitz has shocked financial markets, but the LME base metals complex got an early preview of the likely mayhem.
April 03,2025 07:00 AM
Pricing for domestically produced rebar in the US is unchanged for the fifth week in a row, as uncertainty rules the day ahead of Wednesday's details on US reciprocal trade tariffs.
April 02,2025 07:00 AM
Premium coking coal (PHCC) prices in Australia fell by $10/t from March 14 to March 28, to $168/t FOB, according to Kallanish. Overall, the decline for the month was $20/t. On the Singapore Exchange,…